Tuesday , April 23, 2024

Splitit Adds BNPL In-Store Option and other Digital Transactions News briefs from 7/7/21

  • As consumers return to physical stores, Splitit USA Inc., a buy now, pay later provider, announced it is making its service available in-store and including availability with Apple Pay and Google Pay.
  • Fly Now Pay Later, a United Kingdom-based fintech, announced a deal with Cross River Bank in New Jersey that will enable Fly Now Pay Later to offer installment payment services to U.S. consumers.
  • CoinPayments Inc., a gateway for cryptocurrency-based payments, said it has integrated with Quid POS, a provider of point-of-sale technology for merchants, to allow small businesses to accept digital currencies in-store.
  • Visa Inc. outlined its cryptocurrency strategy and intends to focus on the expanding ecosystem, how rewards fit in with crypto-linked Visa cards, and the role of stablecoins. Visa also said more than $1 billion in cumulative payment volume globally was spent on crypto-linked Visa cards in the first half of 2021.
  • American Express Co. has expanded its digital-receipts feature, launched in February, to include purchases on Amazon.
  • Fingerprint Cards AB, a developer of payment cards with fingerprint-recognition technology embedded, said it has initiated a strategic review for the company. Alternatives it will evaluate include acquisitions, spinoffs, and new listings, the company said.
  • ENS, a point-of-sale equipment maker, launched Mobile Protect, a line of protective cases for mobile payment devices.
  • PayByPhone Technologies Inc., a provider of mobile payments for parking, has named Daniel Ungar chief financial officer. Ungar has worked for parent company Volkswagen Financial Services since 2012.

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